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HB960Introduced in the House of Delegates

Personal property taxes; valuation, effective clause.

Engrossed

Introduced by Vivian Watts, District 14

What does this bill do?

Plain-English breakdown

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Official description

Personal property taxes; valuation. Requires that tangible personal property employed in a trade or business, other than such property set out for different valuation in current law, shall be valued by means of a percentage or percentages of original cost to the taxpayer. Current law requires such property to be valued only by means of a percentage or percentages of original cost. The provisions of this bill do not become effective unless reenacted by the 2027 Session of the General Assembly.

Where it stands

Continued to next session in Finance and Appropriations (15-Y 0-N)

March 3, 2026

How did lawmakers vote?

House of Delegates votes

3 recorded votes · each counted separately

Senate votes

1 recorded vote · each counted separately

SenateStage: Continued to next session in Finance and Appropriations (15-Y 0-N) · March 3, 2026

15

Yes

0

No

0

Absent or Not Voting

15 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

See how each senator voted

Bill history

  1. Prefiled and ordered printed; Offered 01-14-2026 26104842D

  2. Referred to Committee on Finance

  3. Fiscal Impact statement From TAX (1/21/2026 8:29 pm)

  4. Subcommittee recommends reporting with amendment(s) (10-Y 0-N)

  5. House subcommittee offered

  6. Reported from Finance with amendment(s) (21-Y 0-N)

  7. House committee offered

  8. Read first time

  9. Read second time

  10. committee amendment agreed to

  11. Engrossed by House as amended

  12. Read third time and passed House (98-Y 0-N 0-A)

  13. Constitutional reading dispensed (on 1st reading)

  14. Referred to Committee on Finance and Appropriations

  15. Fiscal Impact statement From TAX (2/17/2026 4:03 pm)

  16. Continued to next session in Finance and Appropriations (15-Y 0-N)

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